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By Gurleen Bajwa , 5 August 2025
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Piaggio Forecasts Robust Growth in India’s Electric Three-Wheeler Segment

Italian automotive giant Piaggio projects significant expansion in India’s electric three-wheeler market, anticipating a surge driven by rising demand for sustainable urban transport and favorable government policies. The company predicts electric three-wheelers could account for 40% of the total market share within the next few years. Piaggio plans to capitalize on this momentum through new product launches, localized manufacturing, and strategic partnerships.

Tags

  • Automobiles
  • EV
  • Company News
By Manbir Sandhu , 5 August 2025
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VinFast Accelerates India Expansion with Launch of Its Largest Showroom in Chennai

Vietnamese electric vehicle manufacturer VinFast has officially inaugurated its largest showroom in India, strategically located in Chennai. This move underscores the company’s aggressive expansion into one of the world’s most competitive and fast-growing EV markets. The state-of-the-art facility will serve as both a sales and customer experience center, reflecting VinFast’s long-term commitment to India’s EV ecosystem.

Tags

  • EV
  • Automobiles
By Vrinda Chaturvedi , 5 August 2025
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Eight Indian Cooperatives Unite to Launch ‘Bharat Taxi,’ a Homegrown Ride-Hailing Alternative

In a significant move to disrupt India’s app-based transportation landscape, a consortium of eight cooperatives has unveiled Bharat Taxi, a ride-hailing service designed to offer an ethical, locally governed alternative to global tech giants. Operating under a cooperative ownership model, Bharat Taxi aims to provide fair wages for drivers and transparent pricing for consumers, while empowering regional economies. The platform has already begun operations in multiple cities, with plans to scale nationwide.

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  • Company News
  • Trending
  • Transport
By Aseem Mehta , 5 August 2025
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Manipal Hospitals to Acquire Sahyadri Hospitals in Rs. 6,400 Crore Deal, Marking Major Expansion in Western India

Manipal Hospitals is poised to acquire Pune-based Sahyadri Hospitals in a landmark transaction valued at approximately Rs. 6,400 crore. The acquisition—among the largest in India’s healthcare sector in recent years—reflects Manipal’s strategic ambition to expand its footprint in western India, particularly in Maharashtra. With this move, Manipal will significantly enhance its bed capacity and gain access to Sahyadri’s well-established network and medical expertise.

Tags

  • Healthcare
  • Company News
By Kirti Srinivasan , 5 August 2025
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Pakistan and Iran Chart New Economic Course with $8 Billion Bilateral Trade Target

In a significant step toward regional economic integration, Pakistan and Iran have agreed to bolster their bilateral trade to Rs. 66,800 crore (approximately $8 billion). The initiative marks a renewed focus on strengthening economic diplomacy between the two neighboring nations, with an emphasis on energy, agriculture, border trade, and logistics. This ambitious goal, discussed during high-level meetings, reflects both countries’ intent to reduce dependence on distant trade partners and leverage geographic proximity for mutual benefit.

Tags

  • Trade
  • Economy
By Manbir Sandhu , 5 August 2025
I

IT Hiring Flatlines Amid Global Uncertainty: Quess Corp Signals Tepid Q2 Outlook

Quess Corp, a leading business services provider, has signaled a subdued hiring trend in the information technology sector for the second quarter of FY26. Despite robust headcounts across segments, the company acknowledged that demand for tech talent remains tepid, reflecting broader headwinds impacting the global IT landscape. Challenges such as delayed project ramp-ups, cautious client spending, and macroeconomic uncertainties are contributing to the stagnant environment.

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  • IT
  • Company News
By Agamveer Singh , 5 August 2025
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Maxivision Accelerates South India Expansion with 10 New Eye Hospitals in Chennai

Maxivision Eye Hospitals has marked a significant expansion milestone by inaugurating 10 new state-of-the-art facilities across Chennai. The move underscores the group's strategic focus on deepening its footprint in Southern India, particularly in Tamil Nadu, which has emerged as a key healthcare hub. With this ambitious rollout, Maxivision aims to offer accessible, high-quality ophthalmic care to a broader population while strengthening its leadership position in specialized eye treatment.

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  • Healthcare
  • Company News
By Neena Shukla , 5 August 2025
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Samsung India Charts Confident Growth Path with Foldables and Strategic Market Play

Samsung India is exhibiting renewed confidence in its growth trajectory, driven by robust performance in its premium smartphone segment, particularly foldables, and a reinvigorated retail and channel strategy. With the Indian consumer base displaying a growing appetite for cutting-edge innovation and luxury tech, Samsung’s leadership believes the company is well positioned to maintain momentum. The South Korean tech giant is betting big on the future of foldable smartphones and is refining its distribution approach to maximize outreach and brand loyalty.

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  • Technology Sector
  • Smartphones
  • Trending
By Nitin Mohan Mishra , 5 August 2025
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RBI Expected to Maintain Repo Rate at 5.5% Amid Inflation Watch and Global Uncertainty

As the Reserve Bank of India (RBI) approaches its upcoming monetary policy review, financial markets and analysts are widely expecting the central bank to keep the benchmark repo rate unchanged at 5.5%. This anticipated pause reflects a cautious approach amid evolving macroeconomic conditions, including moderating inflation, global interest rate trends, and domestic growth metrics.

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  • RBI
  • Banking
  • Trending
By Gurleen Bajwa , 5 August 2025
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Nippon India Mutual Fund Expands Presence to Leh, Eyes Growth in Border Regions

Nippon India Mutual Fund has taken a strategic leap by extending its operations to Leh, Ladakh, underlining its commitment to expanding financial access in India's border regions. This move represents a broader effort by the asset management company to deepen its footprint in underserved geographies while aligning with national objectives of economic inclusion and regional development.

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  • Mutual Funds
  • Company News

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